Trend Continuation
Cup and Handle
Group: Trend Continuation Definition:A long-term accumulation pattern: a rounded bottom (cup) followed by a short correction (handle), ending with an…
Rectangle / Range
Group: Trend Continuation Definition:A sideways consolidation after an impulse move, where the market builds energy before the next breakout. Key…
Symmetrical Triangle
Group: Trend Continuation Definition:A consolidation pattern of uncertainty, where both highs and lows contract. The breakout often follows the direction…
Descending Triangle
Group: Trend Continuation Definition:The opposite of the ascending triangle. Support holds while lower highs are formed, showing increasing selling pressure.…
Ascending Triangle
Group: Trend Continuation Definition:A formation where resistance remains flat while higher lows are created, signaling growing buying pressure. Key Characteristics:…
Bearish Pennant
Group: Trend Continuation Definition:After a decline, the market forms a small symmetrical triangle that serves as a pause before another…
Bearish Flag
Definition:After a strong decline, the market enters a correction in the form of an upward-sloping channel. This reflects temporary resistance…
Bullish Flag
Definition:A Bullish Flag forms after a strong upward impulse, when the price enters a short consolidation, usually in the form…
